Taxation: Business

The tax attorneys at Fox, O'Neill & Shannon, S.C. represent C corporations, S corporations, limited liability companies, partnerships and other entities in all aspects of their tax concerns.

The tax attorneys take particular pride in preventing tax issues from arising. Accordingly, they work closely with their businesses and owners to properly structure transactions to reduce the risk of audit while maximizing the tax benefits allowed by state and federal law.

Tax implications are exceedingly important in mergers and transactions. The attorneys at FOS have years of experience in structuring both purchases and divestitures to assure clients the maximum tax benefits available.

Succession planning for a business requires close attention to tax aspects. The tax attorneys at FOS assist both buyers and sellers in determining the most tax advantageous way to handle the succession of ownership of a business from one individual or group to another or from one generation to another. This often includes advising on various financing possibilities, and to structure transfers in the way that best benefits the owners.

In the event of challenges by the IRS or the various state agencies, our attorneys represent the company's interest. The firm's goal is to obtain the best settlement as possible with the least disruption. However, occasionally a client's best interest is not to settle with the IRS or the state agencies, and in that instance, the tax attorneys work closely with the litigation attorneys to insure the best result for clients.